Copper prices on the London Metal Exchange have remained high at almost $10,000 per tonne, sending a positive signal to Zambia on possible earnings from its largest foreign exchange earner.
However, futures prices for copper metal for delivery in July was down 2.1c per lb. at $4.51 ($9,942.85 per tonne) on Tuesday afternoon from the prior settlement on the Comex market in New York.
Copper is down nearly 8% since hitting an all-time intraday high of $4.88 two weeks ago.
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